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Bitfarms (BITF) Net Income: 2020-2024

Historic Net Income for Bitfarms (BITF) over the last 5 years, with Dec 2024 value amounting to -$54.1 million.

  • Bitfarms' Net Income fell 101.83% to -$48.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$127.8 million, marking a year-over-year decrease of 7.58%. This contributed to the annual value of -$54.1 million for FY2024, which is 50.37% up from last year.
  • As of FY2024, Bitfarms' Net Income stood at -$54.1 million, which was up 50.37% from -$108.9 million recorded in FY2023.
  • Bitfarms' Net Income's 5-year high stood at $22.1 million during FY2021, with a 5-year trough of -$175.6 million in FY2022.
  • For the 3-year period, Bitfarms' Net Income averaged around -$112.9 million, with its median value being -$108.9 million (2023).
  • Its Net Income has fluctuated over the past 5 years, first surged by 235.86% in 2021, then tumbled by 893.69% in 2022.
  • Yearly analysis of 5 years shows Bitfarms' Net Income stood at -$16.3 million in 2020, then spiked by 235.86% to $22.1 million in 2021, then plummeted by 893.69% to -$175.6 million in 2022, then skyrocketed by 37.99% to -$108.9 million in 2023, then surged by 50.37% to -$54.1 million in 2024.